price down icon2.00%   -0.24
after-market  After Hours:  11.76  0.010   +0.09%

Why is Magnite Inc (MGNI) Stock down?

We've noticed a 5.52% decline in Magnite Inc (MGNI) stock during the 2024-05-08 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
10 Aug, 2023:

Magnite (MGNI) shares tumbled 35.09% as the ad-tech platform's weak guidance overshadowed Q2 earnings that beat estimates. Q2 revenue grew 11% to $152.5 million, with contribution excluding costs hitting $134.7 million, slightly above the expected $134.3 million.


advertising_agencies IAS
price down icon 0.10%
advertising_agencies EEX
price up icon 0.00%
price down icon 1.22%
advertising_agencies ADV
price up icon 1.51%
price down icon 2.01%
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